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$376,000

NAL Estimated Property Value

4716 Michelle Drive, Arlington, TX, 76016

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,011 Sq Ft
price_per_sqft$121.78 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Dryer, Electric Range, Microwave, Plumbed For Ice Maker, Refrigerator
FlooringCeramic Tile

Exterior

Lot Size9,997 sqft

Building Information

Year Built1979
Stories1
Garage Spaces2

Land Information

APN23205-G-8
Lot Number8
SubdivisionLake Park Est Addn-Arlington
Land UseResidential
Legal DescriptionLAKE PARK EST ADDN-ARLINGTON BLOCK G LOT 8
Census Tract121609
Assessed Land Value$55,000
Assessed Improvement Value$321,000
Assessment Year2025

About this property

This adorable, cozy home in a popular, established neighborhood in Arlington near the lake and close to I-20 is ideal for someone looking for a great location and room to entertain. This home has many upgrades & is an absolute must-see! The kitchen has quartz counters, soft close cabinets, farm sink, & stainless steel appliances. The bedrooms are spacious & have wood flooring. The game room off of the living room is a great place for a pool table or any other game you may like. It has plenty of room to spread out & enjoy your family and friends. The screened in porch is a nice addition for entertaining also. Come see it quick! Buyer & Buyer's agent verify all info provided including square footage and schools.

Investor Tools

Property Icon
$376,000
Estimated Property Value
$202,687Estimated Mortgage Balance
$173,313Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,256 /month
Positive
Cash Flow Estimate:
$752 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$688/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,379
$376,000
2025
$55,000
$321,000
$376,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,379
$376,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Airlines Fcu
Conventional
$235,000
No
First
Jun 28, 2019
Jul 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$202,687
$173,313
46%
54%
$1,409/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,590/mo
$1,409/mo
+$1,181/mo
8.3%

City: Arlington